What the Mortgage Deal Does and Doesn't Do (NPR)
Story date: 2007-12-06 05:12:40
Added on: 2007-12-06 23:57:41
President Bush announced a deal with the mortgage industry Thursday to freeze interest rates for up to five years for borrowers with subprime mortgages. The deal is a "breakthrough" to some and a "menace" to others. Here, a look at what deal does and doesn't do.
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What the Mortgage Deal Does and Doesn't Do
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